NOT LISTED FOR SALE

3550 Schaefer St Culver City, CA 90232

Estimated Value: $2,042,000 - $2,719,000

7 Beds
6 Baths
3,036 Sq Ft
$792/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $2,425,000 $799 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $15,053/month

54 Days on Market

Highlights

  • Built-In Features
  • Laundry Room
  • 1-Story Property
  • Linwood E. Howe Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2021

Charming income producing duplex, with separately rented studio in heart of Culver City. Moments from all the hottest shops and dining, and conveniently situated near the new metro line. Totally redone top to bottom by current owner with all new plumbing, electrical, roof, kitchens, baths, sound proofing. Live in one, rent the others, or use all 3 as income property with competitive return/ CAP Rate + Massive upside in area! 3 totally independent living options, can be delivered vacant or occupied. Very special mini compound offering.

Last Agent to Sell the Property

Jacob Greene

Douglas Elliman of California, Inc. License #01933997 Listed on: 08/25/2021

Douglas Elliman of California, Inc.

Co-Listed By

Joshua Altman

Douglas Elliman of California, Inc. License #01764587

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 5,403

Interior Spaces

  • 3,036 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Driveway
  • On-Street Parking

Additional Features

  • 5,403 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4206-002-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

5,403 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3036
  • Stories: 1
  • Year Built: 1946
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-Ins
  • Bedrooms: 7
  • Common Walls: Attached
  • Laundry: Inside
  • Total Bathrooms: 6.00
  • Equipment: Built-Ins, Range/Oven, Refrigerator, Dryer, Washer, Freezer, Dishwasher
  • Price Per S Q F T: 818.51

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Parking Garage: On street, Driveway
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4206-002-016
  • Lot Size Area: 5403

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: Income

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Elk Real Estate Advisors Inc
Bought by
3548 Schaefer Venture Llc
Current Estimated Value
$2,403,053

Purchase Details

Closed on
Mar 14, 2019
Sold by
Sepulveda Polly Corine and Sepulveda Francisco Javier
Bought by
Wehowood Properties Llc

Purchase Details

Closed on
May 23, 2016
Sold by
Sepulveda Polly
Bought by
Sepulveda Francisco Javier and Sepulveda Polly Corine

Purchase Details

Closed on
Aug 8, 2013
Sold by
Sepulveda Polly
Bought by
Sepulveda Polly and Sepulveda Francisco

Purchase Details

Closed on
Feb 14, 2007
Sold by
Sepulveda Francisco J and Sepulveda Polly
Bought by
Sepulveda Polly

Purchase Details

Closed on
Nov 28, 2006
Sold by
Sepulveda Francisco J
Bought by
Sepulveda Francisco J

Purchase Details

Closed on
Oct 31, 2006
Sold by
Sepulveda Polly
Bought by
Sepulveda Francisco J

Purchase Details

Closed on
Jul 17, 2003
Sold by
Sepulveda Francisco J and Sepulveda Polly
Bought by
Sepulveda Polly
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
3548 Schaefer Venture Llc -- None Listed On Document
3548 Schaefer Venture Llc -- None Listed On Document
Wehowood Properties Llc $1,425,000 Pacific Coast Title Company
Wehowood Properties Llc $1,425,000 Pacific Coast Title Company
Sepulveda Francisco Javier -- None Available
Sepulveda Francisco Javier -- None Available
Sepulveda Polly -- Boston National Title Llc
Sepulveda Polly -- Boston National Title Llc
Sepulveda Polly -- None Available
Sepulveda Polly -- None Available
Sepulveda Francisco J -- Ticor Title
Sepulveda Francisco J -- Ticor Title
Sepulveda Francisco J -- Accommodation
Sepulveda Francisco J -- Accommodation
Sepulveda Polly -- Financial Title Company
Sepulveda Polly -- Financial Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $2,425,000 -2.4% $799 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $2,485,000 -2.5% $819 / Sq Ft
08/25/2021 08/25/21 For Sale $2,550,000 +5.2% $840 / Sq Ft
08/22/2021 08/22/21 Off Market $2,425,000 -- --
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,603 $2,573,429 $2,255,067 $318,362
2024 $30,603 $2,522,970 $2,210,850 $312,120
2023 $29,365 $2,473,500 $2,167,500 $306,000
2022 $27,882 $2,425,000 $2,125,000 $300,000
2021 $17,847 $1,468,557 $1,102,706 $365,851
2020 $17,561 $1,453,500 $1,091,400 $362,100
2019 $7,191 $494,818 $341,107 $153,711
2018 $6,944 $485,117 $334,419 $150,698
2016 $6,330 $466,282 $321,434 $144,848
2015 $6,301 $459,279 $316,606 $142,673
2014 $6,339 $450,284 $310,405 $139,879
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-769852

The MLS

APN: 4206-002-016

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